FLENSTED SNITGRØNT A/S — Credit Rating and Financial Key Figures

CVR number: 16242780
Nørremarken 4, Skovlund 6823 Ansager
tel: 76985510

Credit rating

Company information

Official name
FLENSTED SNITGRØNT A/S
Personnel
2 persons
Established
1992
Domicile
Skovlund
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About FLENSTED SNITGRØNT A/S

FLENSTED SNITGRØNT A/S (CVR number: 16242780) is a company from VARDE. The company recorded a gross profit of 1065.9 kDKK in 2023. The operating profit was -42.8 mDKK, while net earnings were -38 mDKK. The profitability of the company measured by Return on Assets (ROA) was -64.9 %, which can be considered poor and Return on Equity (ROE) was -123.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FLENSTED SNITGRØNT A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit26 881.8533 823.3225 231.9112 111.411 065.90
EBIT-23 470.37-2 287.22-4 327.94-36 709.88-42 770.90
Net earnings-19 117.42-2 154.27-3 666.30-35 012.24-37 955.05
Shareholders equity total50 530.0348 375.7744 709.4739 697.2321 742.18
Balance sheet total (assets)145 841.05125 060.91113 109.0979 735.5551 785.19
Net debt62 061.8751 329.6755 579.9127 982.6920 333.77
Profitability
EBIT-%
ROA-16.0 %-1.6 %-3.6 %-38.0 %-64.9 %
ROE-47.7 %-4.4 %-7.9 %-83.0 %-123.6 %
ROI-18.6 %-1.8 %-4.0 %-42.1 %-73.6 %
Economic value added (EVA)-19 574.43-3 604.51-5 349.99-36 939.63-38 537.60
Solvency
Equity ratio34.6 %38.7 %39.5 %49.8 %42.0 %
Gearing151.2 %124.9 %130.0 %78.9 %107.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.40.50.8
Current ratio0.50.40.40.71.7
Cash and cash equivalents14 321.199 105.852 556.133 347.003 004.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBB

Variable visualization

ROA:-64.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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